“Second Phase Of US Swaps Rules Take Hold,” FOW Intelligence

Speaking to FOWi, Mayra Rodriguez Valladares, managing principle at MRV Associates explained that the CFTC has given market participants plenty of time to prepare for the mandates.

“You hear people complaining that they are not ready, but most people are as ready as they are ever going to be,” said Valladares. “I think we are going to see increasing volumes but that doesn’t mean there won’t be growing pains.